"We are ready to work on further deepening both multilateral and bilateral relations with partners and financial institutions. Our partners and we have agreed on an updated framework agreement on cooperation, and together with China and South Africa we have signed agreements on credit lines in local currencies. We expect Brazil and India to join this document," Shuvalov said.
"The development of PPP mechanisms is a traditional mandate of development banks in the world. In the format of our association, we could think not only about exchanging best practices but also about expanding the practice of implementing PPP projects with the participation of companies from friendly countries and with the participation of development banks from member countries. This work could also be done under the leadership of the New Development Bank," he concluded.